Associate- Corporate Actions

Job Title: Processor

Department: Asset Management – Investment Operations / Corporate Actions

About Business line/Function: Asset Management – Position Keeping

Position Purpose

BNP Paribas Asset Management is part of BNP Paribas Group and is responsible for the process of managing and monitoring assets, on behalf of individual and corporate clients. BNPP AM offers funds and mandates towards his clients. These funds & mandates are managed by Portfolio Managers, who are based in the different locations across the globe.

Investment Operations is responsible for handling and monitoring all services, in order that the Portfolio Managers are able to manage daily their portfolios. Corporate Actions Operations is one of the teams within Investment Operations responsible for booking Corporate Events impacting our positions.

Responsibilities

Direct Responsibilities

• Cross-checking corporate event information received with other data sources
• Analyzing the corporate event to anticipate any reporting or processing issues.
• Perform processor functions for all manual activities related to custody functions.
• Able to setup Corporate Actions events for the respective teams by analyzing and understanding the SWIFT messages without any error at high standards.
• Should be well versed in corporate actions eligibility rules and analyze whether the particular client / trade is eligible for the CA.
• Should be able to comfortably process the payments (Security & Cash) from MT 566 messages received without error and within specified time bound.
• Should be able to create instructions (Manual Instructions also) and deposit the message with due -diligence and accuracy.
  
  

Contributing Responsibilities

• Complete commitment to provide professional and prompt responses to meet client's requirements.
• Communication :
• Oral: Expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience.
• Written: Expressing ideas clearly in all written documents. Using professional, appropriate language always and adhering to the use of the BNPP Email protocols
• Expertise in Using Banking Software's & overall awareness of using MS Word, Excel, PowerPoint etc.
• Able to clearly understand and envisage the SWIFT messages (MT564, MT565, MT567, MT568, MT599 etc). The Associate should read through the SWIFT message very comfortably and act on the amendments in the message ( Field - 23C: NEWM / REPL / CANC/ REVR etc)
• Highly motivated and self-driven to meet the management objectives.
  
  

Technical & Behavioral Competencies

• Attention to details/rigor
• Active listening
• Ability to deliver /result driven
• Ability to develop & adapt a process
• Ability to understand , explain & support change
  
  

Specific Qualifications

• Total of 1 to 2 years of experience in a financial organization ideally with knowledge on corporate Actions & Income
• Graduation / Post Graduation from the recognized University
• Working experience with the most important data providers: Bloomberg, Telekurs, Reuters.
• Candidates should be willing and flexible to work in any shifts
  
  

Technical Skills

Skills Referential (Required knowledge, skills and abilities)

• In depth understanding on the system functionalities. The applications we use and data retrieval from vendors.
• Trouble shooting skills set to run smooth BAU.
• Financial Markets: Understanding of financial markets, instruments, and products (e.g., stocks, bonds, derivatives, currencies).
• Programming Skills: Familiarity with programming languages like macro, Microsoft applications
• Should have worked in operational setup with deadline bound tasks.
• Highly motivated and self-driven to meet the management objectives.
  
  

Behavioral Skills

• Communication: Effective communication and presentation skills, with the ability to articulate complex ideas simply.
• Teamwork: Ability to work collaboratively in a team environment, with a strong focus on building relationships and networking.
• Problem-Solving: Strong analytical and problem-solving skills, with the ability to think critically and creatively.
• Adaptability: Flexibility and adaptability in a rapidly changing environment, with a willingness to learn and take on new challenges.
• Time Management: Effective time management and organizational skills, with the ability to prioritize tasks and meet deadlines.
• Client Focus: Customer approach with a strong understanding of client needs and a commitment to delivering excellent service.
  
  

Education Level: Post Graduate degree in Finance or a related field.

Location: Chennai , India

About BNP Paribas Group

BNP Paribas is the European Union's leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group's commercial & personal banking and several specialized businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

About BNP Paribas India Solutions

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union's leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24x7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.